Mitra Adiperkasa (Indonesia) Price on March 25, 2024
| MAPI Stock | IDR 1,500 60.00 4.17% |
If you're considering investing in Mitra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitra Adiperkasa stands at 1,500, as last reported on the 5th of May, with the highest price reaching 1,510 and the lowest price hitting 1,430 during the day. Mitra Adiperkasa Tbk has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Mitra Adiperkasa exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitra Adiperkasa's Mean Deviation of 1.86, risk adjusted performance of (0.08), and Standard Deviation of 2.47 to check out the risk estimate we provide.
Mitra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mitra |
Sharpe Ratio = -0.1717
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MAPI |
Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mitra Adiperkasa is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mitra Adiperkasa by adding Mitra Adiperkasa to a well-diversified portfolio.
Mitra Adiperkasa Valuation on March 25, 2024
It is possible to determine the worth of Mitra Adiperkasa on a given historical date. On March 25, 2024 Mitra was worth 1820.0 at the beginning of the trading date compared to the closed value of 1815.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitra Adiperkasa stock. Still, in general, we apply an absolute valuation method to find Mitra Adiperkasa's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mitra Adiperkasa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitra Adiperkasa's related companies.
| Open | High | Low | Close | Volume | |
| 1,805 | 1,820 | 1,775 | 1,815 | 17,473,300 | |
03/25/2024 | 1,820 | 1,835 | 1,805 | 1,815 | 9,495,600 |
| 1,830 | 1,830 | 1,805 | 1,825 | 7,456,800 |
| Backtest Mitra Adiperkasa | | | Mitra Adiperkasa History | | | Mitra Adiperkasa Valuation | Previous | Next |
Mitra Adiperkasa Trading Date Momentum on March 25, 2024
| On March 26 2024 Mitra Adiperkasa Tbk was traded for 1,825 at the closing time. The highest price during the trading period was 1,830 and the lowest recorded bid was listed for 1,805 . The volume for the day was 7.5 M. This history from March 26, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.55% . The trading delta at closing time to the current price is 3.58% . |
Mitra Adiperkasa Tbk Fundamentals Correlations and Trends
By evaluating Mitra Adiperkasa's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mitra Adiperkasa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mitra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mitra Adiperkasa Stock history
Mitra Adiperkasa investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mitra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitra Adiperkasa Tbk will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mitra Adiperkasa stock prices may prove useful in developing a viable investing in Mitra Adiperkasa
Mitra Adiperkasa Stock Technical Analysis
Mitra Adiperkasa technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Mitra Adiperkasa Period Price Range
Low | March 25, 2024
| High |
1,820 | 1,815 |
Mitra Adiperkasa May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Mitra Adiperkasa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mitra Adiperkasa shares will generate the highest return on investment. By undertsting and applying Mitra Adiperkasa stock market strength indicators, traders can identify Mitra Adiperkasa Tbk entry and exit signals to maximize returns
| Accumulation Distribution | 155241.0 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1820.0 | |||
| Day Typical Price | 1818.33 | |||
| Price Action Indicator | (7.50) | |||
| Period Momentum Indicator | (315.00) |
Mitra Adiperkasa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mitra Adiperkasa's price direction in advance. Along with the technical and fundamental analysis of Mitra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitra to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | 0.3544 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitra Adiperkasa Tbk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Mitra Stock analysis
When running Mitra Adiperkasa's price analysis, check to measure Mitra Adiperkasa's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mitra Adiperkasa is operating at the current time. Most of Mitra Adiperkasa's value examination focuses on studying past and present price action to predict the probability of Mitra Adiperkasa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitra Adiperkasa's price. Additionally, you may evaluate how the addition of Mitra Adiperkasa to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |